Nishad Singh is the latest member of Sam Bankman-Fried's inner circle to plead guilty in FTX case

Tue, 02/28/2023 - 16:08

Nishad Singh is the latest former FTX executive to plead guilty to charges in the unfolding criminal case over the downfall of the crypto exchange.

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Nishad Singh, who led engineering at FTX, has pleaded guilty to six criminal charges.
The SEC separately accused him of skimming about $6 million from FTX for "personal use and expenditures."
Singh is "deeply sorry for his role in this," his lawyers told Insider in a statement.

Nishad Singh is the latest top executive from Sam Bankman-Fried's crumbled crypto enterprise to plead guilty to criminal charges stemming from the fall of FTX.